Question
Perry's activity-based costing system has three activity cost pools-Fabricating, Setting Up, and Other. The activity rate for Fabricating is $0.88 per machine hours; the activity
Perry's activity-based costing system has three activity cost pools-Fabricating, Setting Up, and Other. The activity rate for Fabricating is $0.88 per machine hours; the activity rate for Setting Up is $5.45 per batch. The following table shows the machine-hours and number of batches associated with each of the company's two products:
Machine hours | Batches | |
Sheeran | 2325 | 718 |
Bruno | 7755 | 1319 |
Determine the amount of overhead cost that would be assigned to product Sheeran using activity-based costing. Round ONLY your final answer to the nearest whole dollar amount. Do not round intermediate calculations.
Selena uses activity-based costing and had the following indirect costs.
Wages & Salaries $11274
Travel $6771
Supplies $3093
The company identified 3 cost pools and the portion of each cost attritubuted to each activity below
Activity Cost Pools
Working on engagements | Business Development | Other | Total | |
Wages & salaries | 55% | 15% | 30% | 100% |
Travel | 65% | 25% | 10% | 100% |
Supplies | 30% | 40% | 30% | 100% |
How much cost, in total, would be allocated to Working On Engagements pool? Enter answer as a positive number. Round ONLY your final answer to the nearest whole dollar amount. Do not round intermediate computations
Ariana produces custom widgets for its customers. The company uses an activity-based costing system for its overhead costs.
One particular customer, Lipa, requested 39 jobs during the year for a total of 135 units, requiring a total of 194 machine hours. Each unit requires $0.42 in direct materials and $1.81 in direct labor. In accordance with ABC, $1885 of overhead was applied to Lipa. The customer was charged $3791 for these jobs.
Using ABC, compute the cost for Ariana to produce one unit for Lipa. Round ONLY your final answer to 2 decimal places. Do not round intermediate calculations. Enter as a positive number.
Hint: Remember which costs are considered product costs.
Selena uses activity-based costing and had the following indirect costs.
Wages & Salaries $16042
Travel $6644
Supplies $3916
The company identified 3 cost pools and the portion of each cost attritubuted to each activity below
Activity Cost Pools
Working on engagements | Business Development | Other | Total | |
Wages & salaries | 55% | 15% | 30% | 100% |
Travel | 65% | 25% | 10% | 100% |
Supplies | 30% | 40% | 30% | 100% |
How much cost, in total, would be allocated to Business Development pool? Enter answer as a positive number. Round ONLY your final answer to the nearest whole dollar amount. Do not round intermediate computations.
Perry's activity-based costing system has three activity cost pools-Fabricating, Setting Up, and Other. The activity rate for Fabricating is $0.94 per machine hours; the activity rate for Setting Up is $5.64 per batch. The following table shows the machine-hours and number of batches associated with each of the company's two products:
Machine hours | Batches | |
Sheeran | 2388 | 769 |
Bruno | 7742 | 1349 |
Determine the amount of overhead cost that would be assigned to product Bruno using activity-based costing. Round ONLY your final answer to the nearest whole dollar amount. Do not round intermediate calculations.Enter as a positive number.
Ariana produces custom widgets for its customers. The company uses an activity-based costing system for its overhead costs. The company has provided the following data from its activity-based costing system.
Activity Cost Pool Total Cost Total Activity
Assembling..... $106203 16089 machine hours
Job Support $32848 1820 jobs
Customer support... $5087 343 clients
Other. $106507 Not applicable
The "Other" activity cost pool consists of costs of idle capacity & organization-sustaining costs. One particular customer, Victor Inc., requested 35 jobs during the year for a total of 101 units, requiring a total of 192 machine hours. Each unit requires $0.64 in direct materials and $1.69 in direct labor. The customer was charged $2291 for these jobs.
Using ABC, compute the activity rate for the Job Support. Round ONLY your final answer to 2 decimal places.
Ariana produces custom widgets for its customers. The company uses an activity-based costing system for its overhead costs. The company has provided the following data from its activity-based costing system.
Activity Cost Pool Total Cost Total Activity
Assembling..... $108020 16322 machine hours
Job Support $32863 1868 jobs
Customer support... $5761 394 clients
Other. $100331 Not applicable
The "Other" activity cost pool consists of costs of idle capacity & organization-sustaining costs. One particular customer, Lipa, requested 36 jobs during the year for a total of 118 units, requiring a total of 195 machine hours. Each unit requires $0.65 in direct materials and $1.65 in direct labor. The customer was charged $2289 for these jobs.
Using ABC, compute the overhead cost charged to Lipa. Round ONLY your final answer to the nearest whole dollar amount. Enter your answer as a positive number.
Hint: you must compute the applied overhead for each pool separately
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